Markets
Markets Right Now: Stocks open slightly lower on Wall Street
The downturn has hemorrhaged the S&P energy index, making it the worst performing sector among the 11 major indexes this year. The S&P 500 is up 198.20 points, or 8.9 percent. At 2:48 P.M. (1848 GMT), the Dow Jones Industrial Average was up 119.2 points, or 0.56 percent, to 21,503.48, the S&P 500 had gained 16.44 points, or 0.68 percent, to 2,449.59 and the Nasdaq Composite had added 74.33... [Full Article...]
Scalise is now in 'fair' condition after shooting at congressional baseball practice
Jack Sava, the director of trauma at the MedStar Washington Hospital Center, at a press conference Friday. He's now expected to recover. Bailey was one of the first responders to Wednesday's early morning shootout as he was part of the Republican congressman Scalise's security detail. [Full Article...]
Crude Oil Slides After ME Cuts QA Ties
Saudi Arabia and UAE are OPEC's major crude exporters, with a much more significant impact on global oil prices. "To add to this, OPEC could face a brewing political crisis as two key members have broken diplomatic ties with Qatar ", Gupte noted. [Full Article...]
Oil holds near multi-month lows as glut fears persist
Benchmark Brent dropped 1.06 US dollars to a low of 45.85 dollars a barrel, its weakest since November 18, just before OPEC and other producers agreed to cut output. "Overall, crude prices, now at multi month lows, will have to bear the brunt of supply glut in the near term although sharp decline in prices going forward could prompt the U.S. [Full Article...]
State Department ignores Trump and bashes Saudi's Qatar blockade
The feud began earlier this month when Saudi Arabia , the United Arab Emirates , Bahrain and Egypt abruptly cut ties. Though the details are not yet a matter of public record, United States officials are confirming that Saudi Arabia and its allies have prepared a "list of demands" for Qatar related to ending the blockade of the tiny Persian Gulf nation. [Full Article...]
Patterson-Uti Energy (NASDAQ:PTEN)
The other 18, though not evenly; between analysts who think you should buy Patterson-UTI Energy, Inc. 55 funds opened positions while 78 raised stakes. The company had revenue of $305.20 million for the quarter, compared to analyst estimates of $294.82 million. Zurcher Kantonalbank Zurich Cantonalbank now owns 15,593 shares of the oil and gas company's stock valued at $349,000 after buying an addi... [Full Article...]
Stifel Nicolaus Upgrades Rating On Red Hat, Inc. Common Stock (RHT)
Visa Inc Cl A now has $216.28 billion valuation. Following the transaction, the executive vice president now owns 26,651 shares of the company's stock, valued at approximately $2,302,379.89. Tegean Capital Management Llc owns 350,000 shares or 5.9% of their USA portfolio. ETRADE Capital Management LLC raised its position in shares of Red Hat by 71.7% in the third quarter. [Full Article...]
Comprehensive Stock Analysis Of Glu Mobile, Inc. (GLUU)
The stock's average target of $2.23 is -11.86% below today's ($2.53) share price. Among 9 analysts covering Glu Mobile (NASDAQ:GLUU), 4 have Buy rating, 0 Sell and 5 Hold. The share price is now up 4.13% for the past three months. Following the transaction, the insider now owns 537,228 shares of the company's stock, valued at $1,391,420.52. [Full Article...]